Millrose Properties, Inc.
Applicable Rate Adjustment Right means Lennar s right under the Founder s Rights Agreement to adjust the option rate for any future property assets proposed to be added pursuant to the Master Program Agreement to any lower rate agreed upon between Millrose and any Lennar Related Ventures or Other Counterparties with respect to any homesite option platform arrangements, as described in Part I, I…
$23.09
-$0.37 (-1.58%)
EOD Oct 21, 2026
63.26% net margin is above average for a financial institution, suggesting strong underwriting or fee income alongside controlled credit costs.
Financial stocks carry unique risks (credit cycles, regulatory changes, interest rate sensitivity) that aren't captured by standard quality metrics.
8.0x earnings. Below the sector average, the market may be pricing in credit losses or regulatory headwinds, or there's genuine value here.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$761M
Net Income (TTM)
$476M
▲ +254.3% YoY
Net Margin
62.60%
P/E
8.0x
Balance Sheet
Total Assets
$9.71B
Equity
$5.85B
Total Debt
$13M
Cash & Equiv.
$34M
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SourceComputed from the 10-Q filed 4 Aug 2026, covering the period ending 30 Jun 2026, as reported to the SEC. Data last refreshed 5 Aug 2026. How this is calculated.
Price from market data, last close as of 21 Oct 2026. Fiscal year ends Dec. Sector medians are approximate S&P 500 benchmarks and update periodically.
Is Millrose Properties (MRP) overvalued?
At a P/E of 8.0, Millrose Properties (MRP)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Millrose Properties scores 48/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 7.8%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
Is Millrose Properties a high-quality business?+
Millrose Properties scores 48 out of 100 on Intrinsiqq's quality score, a weighted blend of 4 metrics each scored 0 to 100, which makes it a mixed business on these measures. Recent fundamentals include a 85.1% operating margin and a 10.7% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Does Millrose Properties (MRP) pay a dividend, and how much?+
Yes, Millrose Properties pays a regular dividend of about $1.80 per share per year (typically in quarterly installments), a yield of roughly 7.8% at the current price. That is a payout ratio of about 62.8% of earnings, so the dividend is well covered. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For MRP's full payout history, growth streak and dividend-safety score, see the dividends tab.
Is Millrose Properties a good stock to buy right now?+
That depends on valuation and quality together, not either alone. you should weigh MRP's valuation and scores 48/100 on quality (mixed). It also yields about 7.8%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.
Related stocks: Real Estate
Spot a number that looks wrong? Check it in MRP's SEC filings or
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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